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Investing.com -- Amazon.com Inc (NASDAQ:AMZN). is reportedly planning a $15 billion expansion of its warehouse network, according to Bloomberg News. The e-commerce giant is said to be considering the construction of nearly 80 new logistics facilities across US cities and rural areas, a move that would mark a shift from its post-pandemic slowdown in construction.
According to Bloomberg's sources familiar with the matter, Amazon has asked potential financing partners to submit proposals. The sources revealed that the majority of the new facilities are expected to serve as delivery hubs. These hubs are typically where vans and trucks are loaded for the final leg of delivery to customers' residences.
In addition to the delivery hubs, some of the planned projects reportedly involve the construction of large, multi-story fulfillment centers equipped with robots.
The move to solicit information from potential financial partners was initiated before last week's tariff announcement by President Donald Trump. This announcement caused significant disruptions in global markets and sparked concerns about a possible recession. It is not yet clear how these stricter trade policies could affect Amazon's expansion plans.
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